LONDON, May 09, 2018 (GLOBE NEWSWIRE) -- The global soluble dietary fibers market will grow at a CAGR of 12.6% from 2018 to 2023 to reach USD 3,404.0 million by 2023, mainly driven by “Increasing utilization of soluble dietary fibers cited to growing health consciousness among consumers and awareness about health benefits of soluble dietary fibers, rise in incidences of chronic diseases; and increasing demand from pharma, food, and feed manufactures to incorporate soluble dietary fibers into their products,” Meticulous Research™ notes in a press release today.
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The global soluble dietary fibers market is mainly segmented on the basis of source (fruits and vegetables, grains and cereals, nuts and seeds, and others), type (Inulin, Pectin, Beta-glucan, Polydextrose, Maltodextrin, oligofructose, and others), and application (functional foods and beverages, pharmaceuticals, animal feed, and others).
Geographically, the global soluble dietary fibers market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America accounted for the largest share in soluble dietary fibers market, which is mainly attributed to “the increasing chronic diseases, growing functional food consumption, rising demand for healthy & nutritional products, increasing consumer expectations for innovation and healthy food products, and growing health & wellness trend in the region”
The key players operating in the global soluble dietary fibers market are Tate and Lyle Plc. (U.K.), E.I. Dupont De Nemours and Company (U.S.), Nexira Inc. (France), Roquette Freres Le Romarin (France), Cosucra Groupe Warcoing SA (Belgium), Futureceuticals Inc. (U.S.), Sensus B.V. (A Part of Royal Cosun Group) (the Netherlands), Beneo GmbH (A Part of Südzucker Group) (Germany), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Herbafood Ingredients GmbH (Germany), Cargill, Incorporated (U.S.), Lonza Group AG (Switzerland), Kerry Group Plc. (Ireland), Tereos S.A. (France), and Frutarom Industries Ltd. (Israel)
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